Friday, April 24, 2009

$90,000 awarded for development of Imagine! Longmont SmartHome

$90,000 awarded for development of Imagine! Longmont SmartHome

DOLA's Division of Housing has announced that $90,000 in HOME funds has been awarded for increasing the availability of affordable housing for the developmentally disabled in Longmont.

Developmental Disabilities Center, d/b/a Imagine!, a 501 (c)(3) non-profit corporation and the Community Centered Board serving Boulder and Broomfield Counties, was awarded a grant in the amount of $90,000 to assist with the construction costs of its HUD 811 SmartHome Group Home for very low-income individuals (below 50% AMI) with physical, cognitive, and developmental disabilities at 1608 Otis Street in Longmont, Boulder County. Imagine! Housing Corp. II (a non-profit subsidiary corporation) will operate the property. The home will be a 3,500 sq. ft. fully accessible home and will provide 6 consumer bedrooms and one bedroom for overnight staff. Residents will contribute 30% of their income towards rent and HUD will provide ongoing rental assistance for the balance of the rent amount. The home will showcase cutting-edge technology for enhancing livability for this special needs population.